metalhe4der
Long

USDJPY to recent swing highs?

FX:USDJPY   U.S. Dollar / Japanese Yen
176 2 0
I see potential for this pair to revisit 102, given that prices follow bullish momentum from higher time frames and the USD revisits recent swing highs.
Closed for a small loss (before my SL) at 99.285. My trades are usually momentum based trades, so if price doesn't usually go my way in a certain number of periods (its discretionary and depends on price action), then I'd think twice of my position. Currently, price seems to have bearish sentiment and the overall picture looks like its consolidating for now. I'll wait for prices to make up their mind in terms of bias, before looking to enter a position again.
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metalhe4der metalhe4der
*My bad, I meant to say closed at 99.705.
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